I like going around my bday (Feb 1) because its slow and I can rent a massive cabin cheap :) October is usually our second busiest month of the year in the Smokies after July. 

Money printing...plain and simple...which created massive inflation driving up prices and interest rates. 

I would talk to a CPA and potential a real estate attorney in your area to see if it makes sense for you, but I have seen massive investors do multiple LLCS and massive investors do all personal name.  

Youll take a massive hit selling the wrap note.Unless you have the liquidity to pay off the underlying within 30-60 days, then this is russian roulette.

For those actively acquiring properties, this could significantly impact deal analysis, particularly for high-income W-2 earners trying to offset ordinary income.The estate exemption bump to $15M / $30M is massive!

Many investors find that spending time upfront building this system saves massive headaches later and lets you scale without constantly being hands-on.

Many investors now approach STRs less for massive monthly cash flow and more for tax benefits, appreciation, and portfolio diversification.

Your primary trade-off is now clear:Access Equity Now: Accept the $1,400/yr tax increase and the other tax consequences (like your dad's depreciation recapture bill) to get the DSCR loan now.Maximize Future Wealth: Leave the property in your dad's name, avoid the tax hike, and preserve the massive benefit of a stepped-up basis upon inheritance.The other tax questions (gift tax, depreciation, etc.) are important, but they are secondary to this fundamental Prop 19 reality.My immediate advice is to model whether the deal still makes financial sense with the higher property tax expense.

In each case, Airbnb applied a massive tax charge to the short extension.

Massive scale through automation is required to be profitable.I've read that avian flu is crushing poultry farmers, partly because farmers are required to destroy their entire flock of potentially exposed birds if one gets the flu.